English

Young's axiomatization of the Shapley value - a new proof

Computer Science and Game Theory 2012-03-13 v3

Abstract

We consider Young (1985)'s characterization of the Shapley value, and give a new proof of this axiomatization. Moreover, as applications of the new proof, we show that Young (1985)'s axiomatization of the Shapley value works on various well-known subclasses of TU games.

Keywords

Cite

@article{arxiv.0805.2797,
  title  = {Young's axiomatization of the Shapley value - a new proof},
  author = {M. Pinter},
  journal= {arXiv preprint arXiv:0805.2797},
  year   = {2012}
}

Comments

11 pages